Czech Republic

Compared to last year the capital of the Czech Republic has become more expensive. In the ranking of most expensive cities Prague ranked 29th, last year it was only on 49 place. During the year the capital of Chechnya ahead of Bratislava, Brussels, Munich. The title of most expensive cities in the world, as well as last year went to Moscow. In second place nestled Tokyo (4th place last year), in third place – London (2nd place in last year's ranking). This information is published U.S. consulting firm Mercer.

To rank compares prices for 200 basic goods and services: food, transportation costs, the cost of housing, clothing, entertainment. The study primarily focused on employees of foreign companies that operate abroad, and that may have slightly different views and life in the city as opposed to indigenous people. For example, foreigners prefer to rent expensive housing in the center. Rating cities compiled annually. The largest of its disadvantage is that it does not reflect the real dynamics in the cost of living, and more dependent on fluctuations in national currencies against the euro and dollar. In the first ten are located in the main European and Asian cities.